Marcus & Millichap

Austin Local Self-Storage Report

Second Half 2019

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Economic Trends:

Austin has been frequently targeted for corporate expansions recently, driving steady job growth in the metro. During the first half of the year, employers added 17,800 jobs, well over halfway to the expected annual employment gain of 25,500 new roles. The professional and business services sector has led the way in 2019, opening approximately 6,800 positions in the metro. On the other hand, the education and health services and manufacturing sectors have lightened payrolls over the past six months./p>

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